28, SCHOOL LANE, BURNTWOOD, WS7 1LD - £150,000

28 SCHOOL LANE is a small extended detached house of 96m², built sometime between 1950 and 1966. It was last sold for £150,000 in May 2011, which was around 45% below the average May 2011 detached price in the Lichfield local authority area. The most recent EPC inspection was November 2008, where the current energy rating was E, and the potential energy rating was C.

28 SCHOOL LANE Sold Prices

Land registry data shows four sales for 28 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the four 28 SCHOOL LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 5 MAY	£150,000	£273,383	45% below HPI
2006 21 JUL	£175,000	£271,747	36% below HPI
2004 8 NOV	£165,000	£257,562	36% below HPI
2000 16 MAY	£66,500	£133,912	50% below HPI

28 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The four 28 SCHOOL LANE sales between May 2000 and May 2011 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2006 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2011 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 28 SCHOOL LANE?

28 SCHOOL LANE is 96m², which includes two extensions, according to the EPC inspection conducted in November 2008. This puts it in the smallest 40% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 28 SCHOOL LANE lies on this distribution: 38% of detached houses are smaller than 28 SCHOOL LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

28 SCHOOL LANE: Plot and Title Map

28 SCHOOL LANE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 28 SCHOOL LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 28 SCHOOL LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 28 SCHOOL LANE?

28 SCHOOL LANE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 28 on SCHOOL LANE.